Americans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble.

☆ Yσɠƚԋσʂ ☆@lemmy.ml · 4 months ago

Americans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble.

SuperZutsuki [they/them]@hexbear.net · edit-2 4 months ago

They just need a new buzzword to keep tech prices from crashing until they find a new buzzword to keep tech prices from crashing until they find a new buzzword

Americans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble.

Americans have depleted their excess savings and are now depleting their credit lines as well. The percentage with delinquent credit card debt is approaching the peak at the end of the dotcom bubble.

The great American boom is finally running out of steam, leaving mountains of debt